Goldman Sachs said in a report late Thursday that Indian food delivery giant Zomato’s quick commerce arm Blinkit is now more valuable than its core food delivery business, as per the bank’s sum-of-the-parts analysis. The investment bank estimates Blinkit’s implied value at 119 Indian rupees […]
Category: Food
Norwest Venture Partners raises $3B for 17th vehicle, maintaining fund size despite market downturn
Norwest Venture Partners, a 65-year-old firm backed solely by Wells Fargo, has raised its 17th fund at $3 billion. That’s a noteworthy number, given that NVP last raised the same amount in December 2021. That was the peak of the venture boom, and at that […]
Swiggy, the Indian food delivery giant, seeks $1.25 billion in IPO after receiving shareholder approval
Swiggy plans to raise $1.25 billion in an initial public offering and has secured approval from its shareholders, the Indian food delivery and instant commerce startup disclosed in a filing to the local regulator. The Bengaluru-headquartered startup, which competes with publicly-listed Zomato and StepStone Group-backed […]
Radical thinks the time has come for solar-powered, high-altitude autonomous aircraft
Though many eyes are on space as orbit develops into a thriving business ecosystem, Radical is keeping things a little closer to the ground — but not too close. Its high-altitude, solar-powered aircraft aim to succeed where Facebook’s infamous Aquila failed by refining the tech […]
PBS Retro is a new FAST channel playing just the classics
Parents throughout the country just breathed a sigh of relief at the prospect of allowing more screen time for their kids that doesn’t revolve around some really loud and annoying YouTube dude. PBS just launched a new free ad-supported channel called PBS Retro, as reported […]
The best microSD cards in 2024
Most microSD cards are fast enough for stashing photos, recording video and transferring files, but some will get you a little more bang for your buck than others. If you’re looking to boost the internal storage of your Nintendo Switch, Steam Deck, GoPro, Raspberry Pi […]
Google-backed Glance pilots Android lockscreen platform in US
Glance, which operates a lockscreen platform targetting Android smartphones, is setting its sights on the U.S. market. The Indian startup recently commenced a pilot program in partnership with Motorola and Verizon in the U.S., with plans for a full launch in the country later this […]
Apple reportedly cuts Vision Pro production due to low demand
Demand for Vision Pro is falling. | Photo by Amelia Holowaty Krales / The Verge Apple is reportedly cutting its Vision Pro headset shipment forecast for the rest of the year due to cooling demand. Apple analyst Ming-Chi Kuo writes that Apple cut orders for […]
A cheaper Tesla is back on the menu
The Model 3 might get an affordable younger sibling in 2025. | Image: Tesla Tesla says it will build more affordable electric vehicles — perhaps as soon as 2025 — refuting recent reports that Tesla CEO Elon Musk had canceled plans for a cheaper “Model […]
Ray-Ban Meta smart glasses do the AI thing without a projector or subscription
The Ray-Ban Meta smart glasses have been something of a pleasant surprise. They make videos, take photos, livestream and act as an adequate replacement for headphones, all while looking like a normal pair of sunglasses. However, everyone’s been waiting for the addition of multimodal AI […]
